Host Hotels & Resorts : Joins Other REITs to Increase Access to Affordable Housing in Hawaii
July 18, 2019 at 06:45 pm EDT
Share
Host Hotels & Resorts joined other REITs operating in Hawaii to establish the REIT Way Hawaii Community Giving Campaign, a new charitable campaign committed to increasing affordable housing in Hawaii. This group of thirteen REITs has committed to giving a combined $455,000 in the first year of a minimum three-year campaign. The campaign, administered through the Nareit Foundation, will award grants to local non-profits with initiatives that will supplement and create affordable housing solutions for Hawaii. The first $100,000 grant was awarded in November 2018 to the aio Foundation's Kahauiki Village housing project alongside Keehi Lagoon for homeless families with children. Two more grants, also for $100,000, were donated this year to the Affordable Housing and Economic Development Foundation for renovations at the Nani 'O Puna affordable housing community and to Na Hale O Maui community land trust to help build 12 affordable homes for income-eligible families in West Maui.
Learn more about the REIT Way Hawaii Community Giving Campaign and Host's Corporate Responsibility Program.
Attachments
Original document
Permalink
Disclaimer
Host Hotels & Resorts Inc. published this content on 18 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 July 2019 22:44:09 UTC
Host Hotels & Resorts, Inc. specializes in owning, operating, and managing hotels. Net sales break down by activity as follows:
- hospitality services (64.3%);
- restaurant services (23.3%);
- other (12.4%): primarily real estate leasing.
As of 17/02/2023, the group had a portfolio composed of 78 hotels (42,214 rooms) located in the United States (73; 40,788), Brazil (3; 650), and Canada (2; 849).
Net sales are distributed geographically as follows: the United States (98.6%), Canada (0,3%), and Brazil (1.1%).